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Tuesday, September 13, 2016

What it Takes to be Able to Buy a Home

The yearly income required is substantial, almost everywhere, and quite absurd in a few others. What you have to keep in mind here, however, and despite whatever fluctuations may occur, is that maintaining a substantial yearly income will be ever more assaulted by the vagaries of increasing hypercompetition, and a host of interacting global uncertainties.

What does that mean?

In a nutshell it ensures that retraining requirements will increase. You will be expected to retrain in an environment where the training costs are sure to increase, even as what you may be able to retrain to won't ensure a comparable follow on wage. Any more than where you will have to go in order to make use of that new skill, and what that housing market (purchasing or renting) may require in order to be housed as you were previously. And this will be guaranteed to be so because greater uncertainty in the world will make further investments so problematic that what is continued to be done here, commercially (other than certain core services), will become quite unpredictable; especially as to what would allow for substantial yearly incomes.

About Me

I am retired now, but I used to make my living as a Systems Analyst\Developer.

As my real passion has always been ideas, writing, reading, social change and music I am devoting myself to all of these. The primary focus, however is on social change.

It is my firm belief that Capitalism is obsolete. It has been rendered so because of electrified information systems. Not only do these make human skill as a commodity absurd, they also turn information into money, and money into information. At the very least, this reality makes representational Democracy virtually impossible because it can longer move freely. As a commodity it is necessarily subject to the net gain requirement in any exchange. As such information flow is seldom conducted for the benefit of the receiver.